Wakefield 2-Bed to 3-Bed BRRR-to-Social Housing Conversion – £766 Monthly Profit | 100% ROI
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Property: 2-bed terraced house to be converted into a 3-bed with a light refurb, upgraded to meet social housing standards
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Location: Popular Wakefield area with strong demand for supported and social housing, ensuring reliable long-term income
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Provider: Social housing provider already in place, offering a guaranteed rent arrangement
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Purchase Price: £77,000
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Stamp Duty & Legals: £5,350
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Refurbishment: £21,000
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End Value: £125,000
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Monthly Income: £1,305
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Monthly Profit: £766
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ROI: 100%
Secure hands-off BRRR-to-social housing deal with provider in place, guaranteed rent, and no furnishing or utility costs for stress-free passive income